Palace Tower, Nadd Hessa

    Sold Prices · DLD Data

    Palace Tower

    Nadd Hessa, Dubai · Silicon Oasis

    AED 878

    Avg Price / sqft

    AED 653K

    Avg Sale Price

    29

    DLD Sales Recorded

    13.1%

    Est. Gross Yield

    View listings Explore Dubai Silicon Oasis

    Market snapshot

    Palace Tower — the numbers

    Palace Tower is a residential building in Nadd Hessa, Dubai with approximately 16 units. Dubai Land Department records show 29 sales in the building, at an average price of AED 653K — around AED 878 per square foot.

    Since January 2026, 29 sales completed in Palace Tower, with the average price per square foot moving from AED 734 to AED 1,002 (+36.5%). That upward drift suggests sellers currently hold pricing power here.

    Benchmarked against average residential rents in Nadd Hessa, a typical unit in Palace Tower returns an estimated 13.1% gross rental yield before service charges — a useful starting point for investors comparing towers across Nadd Hessa.

    Figures are from Dubai Land Department transaction records for Palace Tower; individual units vary by floor, view and finish. Gross yield is estimated against average Nadd Hessa residential rents, before service charges.

    Price trend

    Price trend in Palace Tower

    Average sale price per sqft by month since January 2026+36.5%

    770877984Jan 26: AED 734/sqft · 6 salesJan 26Feb 26: AED 897/sqft · 4 salesFeb 26Mar 26: AED 1,020/sqft · 3 salesMar 26Apr 26: AED 889/sqft · 5 salesApr 26May 26: AED 888/sqft · 2 salesMay 26Jun 26: AED 770/sqft · 2 salesJun 26Jul 26: AED 928/sqft · 5 salesJul 26Aug 26: AED 1,002/sqft · 2 salesAug 26

    Unit types

    Prices by unit type

    Studio

    AED 422K

    AED 969/sqft

    16 sales · last 12 months

    1 Bed

    AED 587K

    AED 726/sqft

    3 sales · last 12 months

    2 Bed

    AED 859K

    AED 868/sqft

    5 sales · last 12 months

    Transactions

    Recent sold prices

    DateTypeBedsSize (sqft)PriceAED/sqft
    21 Aug 2026Sales2990AED 860KAED 869
    20 Aug 2026Sales0344AED 390KAED 1,135
    21 Jul 2026Sales0459AED 445KAED 969
    17 Jul 2026Sales0472AED 320KAED 678
    14 Jul 2026Sales0431AED 400KAED 927
    09 Jul 2026Sales0431AED 460KAED 1,067
    03 Jul 2026Sales0470AED 470KAED 999
    26 Jun 2026Sales1826AED 555KAED 672
    08 Jun 2026Sales0482AED 418KAED 867
    20 May 2026Sales0459AED 407KAED 887
    05 May 2026Sales2990AED 880KAED 889
    30 Apr 2026Sales-1,574AED 1.4MAED 858
    15 Apr 2026Sales0482AED 470KAED 976
    15 Apr 2026Sales0431AED 450KAED 1,043
    07 Apr 2026Sales1826AED 595KAED 720
    06 Apr 2026Sales2990AED 840KAED 848
    26 Mar 2026Sales0470AED 440KAED 935
    09 Mar 2026Sales0459AED 407KAED 887
    02 Mar 2026Sales0344AED 425KAED 1,237
    19 Feb 2026Sales1775AED 610KAED 787

    About the area

    Palace Tower is in Dubai Silicon Oasis

    Dubai Silicon Oasis is a strategically designed master-planned community that harmoniously blends residential and commercial spaces, making it an ideal locale for both families and professionals. Developed by the Dubai Silicon Oasis Authority, this community is characterized by its focus on technology and innovation, providing a unique environment that fosters both living and working.

    Explore the Dubai Silicon Oasis area guide

    Nearby

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    Selicon Star 2

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    Silicon Gate 1

    Nadd Hessa · 47 sales · AED 592K avg

    Tria By Deyaar

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    FAQ

    Palace Tower: frequently asked questions

    What is the average price in Palace Tower?

    The average recorded sale price in Palace Tower, Nadd Hessa is AED 653K, around AED 878 per square foot, based on Dubai Land Department transaction data.

    Are prices in Palace Tower going up or down?

    Average sale prices in Palace Tower have risen +36.5% per square foot since January 2026, across 29 DLD-recorded sales.

    What rental yield can I expect in Palace Tower?

    Based on average Nadd Hessa residential rents against sale prices in the building, a typical unit in Palace Tower yields roughly 13.1% gross per year, before service charges and fees.

    How many properties have sold in Palace Tower?

    29 sales have been recorded in Palace Tower according to DLD data, across approximately 16 units.

    Considering Palace Tower?

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